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Stats week: Looking at the bigger picture

Thursday, 11th June

Each month we have a week where all the real estate housing stats come out telling us how the market is going.

The past six days have seen three releases; firstly Barfoot & Thompson’s numbers for the Auckland market, followed by QV’s, then lastly the Real Estate Institute’s.

It’s fascinating to see the reaction to the numbers. As a general rule of thumb they are portrayed in a dark light. Generally B&T and REINZ always try to put a positive spin on their numbers, while QV is straight down the line.

I wanted to take a bit of a bigger picture look at the numbers, and my conclusion is yes, the rate of growth is slowing, but it ain’t all that bad.

Finish reading my blog here and leave your comments.

Warm regards
The Landlord

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